Consumer Home Loans
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 37-23-20, RELATING TO HIGH-COST AND CONSUMER HOME LOANS DEFINITIONS, SO AS TO PROVIDE THAT THE CONVENTIONAL MORTGAGE RATE MEANS THE AVERAGE PRIME OFFER RATE. - RATIFIED TITLE” Read the full text
Official title shown verbatim from the official record. Plain-language summary coming as coverage deepens. Not legal advice.
126th session (2025-2026)
Where it is
Show all 20 actions
Introduced and read first time (Senate Journal-page 50) · Jan 13, 2026
Senate
Referred to Committee on Banking and Insurance (Senate Journal-page 50) · Jan 13, 2026
Senate
Committee report: Favorable Banking and Insurance (Senate Journal-page 8) · Feb 12, 2026
Senate
Read second time (Senate Journal-page 34) · Feb 18, 2026
Senate
Roll call Ayes-44 Nays-0 (Senate Journal-page 34) · Feb 18, 2026
Senate
Read third time and sent to House (Senate Journal-page 11) · Feb 24, 2026
Senate
Introduced and read first time (House Journal-page 10) · Feb 25, 2026
House
Referred to Committee on Labor, Commerce and Industry (House Journal-page 10) · Feb 25, 2026
House
Committee report: Favorable Labor, Commerce and Industry (House Journal-page 7) · Apr 30, 2026
House
Scrivener's error corrected · May 4, 2026
Debate adjourned until Wed., 5-6-26 (House Journal-page 37) · May 5, 2026
House
Debate adjourned · May 6, 2026
House
Read second time (House Journal-page 71) · May 7, 2026
House
Roll call Yeas-98 Nays-0 (House Journal-page 72) · May 7, 2026
House
Unanimous consent for third reading on next legislative day (House Journal-page 73) · May 7, 2026
House
Read third time and enrolled (House Journal-page 3) · May 8, 2026
House
Ratified R 150 · May 14, 2026
Signed By Governor · May 18, 2026
Effective date 05/18/26 · May 27, 2026
Act No. 171 · May 27, 2026
The numbers
1
sponsor on the bill
Sponsors
Gambrell
Recorded votes
Passage of BillHouse · 2026-05-07 · Passed · Yeas 98, Nays 0, Excused Absence 14, Not Voting 12
2nd ReadingSenate · 2026-02-18 · Passed · Ayes 44, Nays 0, Excused Absence 2
Roll-call results shown verbatim from the South Carolina legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Every fact on this page links to its source, starting with the official bill record. Last action: Act No. 171 (May 27, 2026).